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Skyways Air Services Limited IPO

24 Aug 2026 – 27 Aug 2026

GMP
▲ ₹32 (+23.2%)
Price Band
₹131 – ₹138
Issue Size
≈₹408 Cr
Lot Size
100
Min Investment
₹13,800
1 lot · 100 shares
Listed At
₹124 (-10.1%)

Share Price

Fetching…

Candle
6 Oct
O
₹110
H
₹116.5
L
₹109.52
C
₹113.51
₹104₹122₹1401 Sept — O ₹124 H ₹136.45 L ₹119 C ₹125.562 Sept — O ₹128 H ₹132.99 L ₹128 C ₹129.313 Sept — O ₹130.88 H ₹135.6 L ₹130 C ₹130.064 Sept — O ₹131.5 H ₹133.65 L ₹120.1 C ₹122.727 Sept — O ₹122.5 H ₹123.09 L ₹112 C ₹113.918 Sept — O ₹114.44 H ₹115.72 L ₹106.82 C ₹110.229 Sept — O ₹110.5 H ₹117.95 L ₹109.33 C ₹113.5910 Sept — O ₹114 H ₹114.2 L ₹109.3 C ₹111.1911 Sept — O ₹109 H ₹117.5 L ₹108.5 C ₹116.0115 Sept — O ₹117 H ₹117.5 L ₹110.31 C ₹111.2916 Sept — O ₹111.74 H ₹114.5 L ₹108.54 C ₹113.4217 Sept — O ₹113.57 H ₹119 L ₹112.25 C ₹117.9818 Sept — O ₹126.9 H ₹135.35 L ₹122.55 C ₹124.4321 Sept — O ₹126 H ₹137.38 L ₹123.4 C ₹126.0322 Sept — O ₹128.54 H ₹133 L ₹124.63 C ₹130.3223 Sept — O ₹132 H ₹132 L ₹126.81 C ₹129.5724 Sept — O ₹130 H ₹135.53 L ₹128.07 C ₹13125 Sept — O ₹131.99 H ₹131.99 L ₹125.11 C ₹126.9728 Sept — O ₹126.5 H ₹127.5 L ₹118 C ₹119.2129 Sept — O ₹119.5 H ₹119.7 L ₹114.85 C ₹115.3130 Sept — O ₹116 H ₹117.79 L ₹112.31 C ₹113.261 Oct — O ₹114.4 H ₹114.4 L ₹108.51 C ₹110.295 Oct — O ₹111.7 H ₹113.42 L ₹108.85 C ₹109.486 Oct — O ₹110 H ₹116.5 L ₹109.52 C ₹113.511 Sept9 Sept18 Sept28 Sept6 Oct

24 trading days since listing · NSE end-of-day prices

Issue Details

Price Band
₹131 – ₹138
Lot Size
100 shares
Min Investment
₹13,800 (1 lot · 100 shares)
Face Value
₹10
Issue Size
Initial Public Offer comprising of Fresh Issue up to 2,88,98,300 equity shares and Offer for Sale of up to 1,33,33,300 Equity Shares (including Anchor Investor portion of 1,26,48,000 Equity Shares)

Timetable

Open
24 Aug 2026
Close
27 Aug 2026
Allotment
28 Aug 2026
Refunds
31 Aug 2026
Demat credit
31 Aug 2026
Listing
1 Sept 2026

GMP History

Latest GMP ₹32 · Last updated 7 Oct 2026, 11:51 am IST

₹29₹40₹50₹50 — 22 Aug 2026₹50 — 23 Aug 2026₹32 — 24 Aug 2026₹29 — 25 Aug 2026₹41 — 26 Aug 2026₹44 — 27 Aug 2026₹37 — 28 Aug 2026₹40 — 29 Aug 2026₹39.5 — 30 Aug 2026₹35 — 31 Aug 2026₹3522 Aug25 Aug28 Aug31 Aug
DateGMPGMP %ChangeEst. ListingUpdated (IST)
31 Aug₹35+25.4%−₹4.5₹173
30 Aug₹39.5+28.6%−₹0.5₹177.5
29 Aug₹40+29.0%+₹3₹178
28 Aug₹37+26.8%−₹7₹175
27 Aug₹44+31.9%+₹3₹182
26 Aug₹41+29.7%+₹12₹179
25 Aug₹29+21.0%−₹3₹167
24 Aug₹32+23.2%−₹18₹170
23 Aug₹50+36.2%—₹188
22 Aug₹50+36.2%—₹188

Subscription

QIB139.69x
NII / HNI87.24x
Retail25.40x
Total71.25x

Day-wise subscription

₹1₹36₹71₹1.16 — 24 Aug 2026₹2.46 — 25 Aug 2026₹5.08 — 26 Aug 2026₹71.25 — 27 Aug 202671.25x24 Aug25 Aug26 Aug27 Aug
DateQIBNII / HNIRetailTotal
27 Aug139.69x87.24x25.40x71.25x
26 Aug0.49x6.90x6.91x5.08x
25 Aug0.47x2.57x3.53x2.46x
24 Aug0.46x0.92x1.65x1.16x

Financials

All values in ₹ crore

1,316.81
2024
2,270.99
2025
2,839.67
2026

About Skyways Air Services

Logistics Solution Provider

Skyways Air Services Limited (SASL) is one of India's prominent logistics and freight forwarding companies, offering comprehensive supply chain and transportation solutions across domestic and international markets. The company's service portfolio includes air freight forwarding, ocean freight forwarding, road transportation, warehousing, customs brokerage, and technology-enabled express cargo and parcel delivery services. It also provides end-to-end logistics support through value-added offerings such as supply chain planning, cargo handling, inventory management, customs documentation, clearance services, and distribution management. To enhance operational efficiency, SASL utilizes a robust IT-driven logistics platform and leverages an extensive global partner network. The company is affiliated with several international logistics organizations, including the World Cargo Alliance (WCA), Air & Ocean Partners (AOP), Combined Logistics Networks (CLN), Multi Group Logistics Network (MGLN), Global Freight Alliance (GFA), and Transport Worldwide International Group (TWIG). Skyways has established strategic performance-based partnerships with major international carriers such as Saudi Cargo, Air India Cargo, Turkish Airlines, and Lufthansa. These collaborations strengthen its global connectivity and enable efficient cargo movement across key trade routes. Over the years, the company has expanded beyond traditional freight forwarding to become an integrated multi-modal logistics provider. Its offerings include specialized cold-chain storage facilities located near Indira Gandhi International Airport, catering to pharmaceutical products and other temperature-sensitive shipments, alongside seamless air, sea, road, and express logistics solutions. As of December 31, 2024, Skyways Air Services Limited and its subsidiaries employed 1,035 professionals.

Promoters
Yashpal Sharma, Tarun Sharma

As published in the company's own offer documents.

Lead Managers

  • Holani Consultants Private Limited
  • Shannon Advisors Private Limited
  • Dolat Finserv Private Limited

Offer details

Application sizes

CategoryLotsSharesAmount
Retail (min)one lot, the smallest bid allowed1100₹13,800
Retail (max)most that stays under ₹2L141,400₹1,93,200
S-HNI (min)first bid over ₹2L151,500₹2,07,000
S-HNI (max)most that stays under ₹10L727,200₹9,93,600
B-HNI (min)first bid over ₹10L737,300₹10,07,400

Priced at the top of the band, which is what a cut-off bid pays. Retail ends at ₹2,00,000 and S-HNI at ₹10,00,000; these are SEBI's limits, not the issuer's.

Issue mechanics

Issue Type
100% Book Building
Categories
FI, IC, MF, FII, OTH, CO, IND, and NOH
Max Bid (Retail)
Rs. 2,00,000
Tick Size
Re. 1
Bidding Hours
10.00 a.m. to 5.00 p.m.
UPI Mandate Cut-off
27-Aug-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. Further bids with confirmed status of mandate amount blocked (RC100) shall be considered as valid applications and hence, investors are advised to submit their UPI applications in IPO well in advance to avoid any last minute technical/systemic constraints that may hamper their ability
Sponsor Bank
Axis Bank Limited and HDFC Bank Limited

Registrar

Name
Bigshare Services Private Limited
Address
Office No. S6-2, 6th Floor, Pinnacle Business Park, Next to Ahura Center, Mahakali Caves Road, Andheri (East), Mumbai 400093
Contact
Vinayak Morbale ,+91 22-6263 8200, ipo@bigshareonline.com

Documents

Published by NSE as ZIP archives; opened here as the PDF inside.

Collected from NSE and public sources. Always confirm against the prospectus before applying.

Frequently Asked Questions

What is the GMP of Skyways Air Services Limited IPO today?

The latest grey market premium for Skyways Air Services Limited IPO is ₹32. GMP is unofficial and indicative only — it is not a guarantee of listing price.

What is the price band of Skyways Air Services Limited IPO?

The price band is ₹131 – ₹138, with a lot size of 100 shares. The minimum investment is ₹13,800.

When does Skyways Air Services Limited IPO open and close?

The issue opens on 24 Aug 2026 and closes on 27 Aug 2026. Listing is expected on 1 Sept 2026.

Who is the registrar for Skyways Air Services Limited IPO?

Bigshare Services Private Limited is the registrar. Allotment status can be checked on the registrar's website once allotment is finalised.